Elliott to call for Southwest special meeting ‘as soon as next week’

Elliott to call for Southwest special meeting ‘as soon as next week’

A Southwest Airlines Boeing 737 departs Los Angeles International Airport en route to Las Vegas on September 19, 2024 in Los Angeles, California.  Kevin Carter | Getty Images Elliott Management said Tuesday it will call a special meeting at Southwest Airlines “as soon as next week,” shortly after the company put forward a sweeping board shake-up … Read more

Warner Bros. Discovery, Google partner on AI-generated captions on Max

Warner Bros. Discovery, Google partner on AI-generated captions on Max

Jakub Porzycki | Nurphoto | Getty Images Warner Bros. Discovery is partnering with Google to integrate the internet giant’s AI technology into its Max video streaming platform to automatically generate captions. The two companies said they were working to make Max’s captions more accurate using a new caption-generation tool, which is being referred to internally … Read more

Levi’s teases Beyoncé collaboration as denim trend takes hold

Levi’s teases Beyoncé collaboration as denim trend takes hold

Beyoncé at the 2024 iHeartRadio Music Awards held at the Dolby Theatre in Los Angeles on April 1, 2024. Michael Buckner | Billboard | Getty Images Levi Strauss summoned the Beyhive on Monday after teasing a potential collaboration with Beyoncé in a post on Instagram. The brand’s shares briefly popped after the update and were … Read more

Boeing sweetens labor proposal in ‘best and final’ offer

Boeing sweetens labor proposal in ‘best and final’ offer

Striking Boeing workers hold rally at the Boeing Portland Facility on September 19, 2024, in Portland, Oregon.  Jordan Gale | AFP | Getty Images Boeing on Monday sweetened a contract offer and said it was its “best and final” proposal for its more than 30,000 machinists as their strike, which has halted most of the … Read more

Luxury stocks slip as fears grow of a prolonged downturn

Luxury stocks slip as fears grow of a prolonged downturn

An advertisement for Hugo Boss AG in Shanghai, China, on Wednesday, May 1, 2024.  Bloomberg | Bloomberg | Getty Images LONDON — European luxury stocks tumbled Monday as analysts warned of a deteriorating demand outlook, particularly among high-spending Chinese consumers. Germany’s Hugo Boss was among the worst performers on the Stoxx 600 index by midday, … Read more

Southwest Airlines tells staff ‘difficult decisions’ ahead

Southwest Airlines tells staff ‘difficult decisions’ ahead

A Southwest Airlines plane takes off from Hollywood Burbank Airport on July 25, 2024 in Burbank, California.  Mario Tama | Getty Images Southwest Airlines has warned employees that it will have to make “difficult decisions” ahead to boost profits as the carrier faces pressure from activist Elliott Investment Management, which has sought leadership changes at … Read more

GM’s EV sales momentum is finally building

GM’s EV sales momentum is finally building

Mary Barra, GM chair and CEO, speaks during the unveiling of the Cadillac Celestiq electric sedan in Los Angeles, Oct. 17, 2022. Frederic J. Brown | AFP | Getty Images WARREN, Mich. – If everything had gone to plan for General Motors over the last three years, the Detroit automaker would be well on its … Read more

How Foot Locker is waging a comeback after its breakup with Nike

How Foot Locker is waging a comeback after its breakup with Nike

An employee arranges Nike basketball shoes on display at the House Of Hoops by Foot Locker retail store at the Beverly Center in Los Angeles. Patrick T. Fallon | Bloomberg | Getty Images During a recent event celebrating Foot Locker’s 50th anniversary in New York City, it was hard to imagine that the legacy sneaker … Read more

‘Bachelor’ star Mari Pepin turns reality TV fame into influencer income

‘Bachelor’ star Mari Pepin turns reality TV fame into influencer income

Mari Pepin and Kenny Braasch got engaged on season 7 of “Bachelor in Paradise” and married in 2023. Photo: Dolce Amor Co. Theoretically, contestants on ABC’s “The Bachelor” are looking for love. What they often find are business opportunities. Mari Pepin, 28, got both. Pepin was a participant on “The Bachelor” season 25, which aired … Read more

Machinists prepare for lengthy stoppage

Machinists prepare for lengthy stoppage

Boeing factory workers gather on a picket line during the first day of a strike near the entrance of a production facility in Renton, Washington, U.S., September 13, 2024.  Matt Mills Mcknight | Reuters RENTON, Wash. — Cash-strapped Boeing is facing mounting costs from an ongoing machinist strike as workers push for higher pay. A … Read more